SavvY, in collaboration with Moore, offers the market an exceptional financial management service – the Floating CFO
SavvY has been actively operating for 9 years, both in Georgia and international markets. The company implements projects across European countries, Central Asia, and the Middle East.
SavvY’s services span multiple areas, including research and planning, access to finance, export support, financial management, and more. In the field of financial management, SavvY has played a significant role in the implementation of International Financial Reporting Standards (IFRS) in Georgia.
During the country’s transition to IFRS, SavvY organized numerous trainings and workshops—in collaboration with various donor-funded projects—to raise awareness and understanding of financial standards. To date, the company has trained approximately 21,000 professionals in the financial sector.
On this topic, Entrepreneur spoke with Mariam Koyava, Managing Partner at SavvY.
What does the Floating CFO service entail?
The Floating CFO allows a company to integrate a full-scale Chief Financial Officer (CFO) function into its structure. Although there has been significant progress in recognizing the value of finance and financial data, in many companies, financial management is still perceived to be basic accounting. The critical role that timely and high-quality financial insights play in modern business decision-making is often underestimated.
Due to this, companies frequently operate in “firefighting” mode, reacting rather than planning. I believe you’ll agree with me that staying in a constant state of emergency is unsustainable in the long run.
What are the features and practical applications of this service?
The Floating CFO service is tailored to each company’s specific needs. The CFO can be involved in operations on a daily, weekly, or monthly basis, depending on the organization’s requirements. The service includes:
- Financial reporting: Ensuring accurate and timely reports in compliance with relevant standards
- In-depth financial analysis: Evaluating trends and financial ratios
- Capital structure optimization: Restructuring excess liabilities, identifying consolidation or investment needs, and offering ongoing support
This flexible model enables companies to access senior-level financial expertise without the expense of hiring a full-time CFO—making it especially beneficial for small and medium-sized enterprises (SMEs).
That said, in the 21st century, these services are not a luxury but a necessity. With our approach, clients benefit from the combined expertise of a multi-disciplinary team—often at the cost of a single CFO salary. According to our methodology, all essential financial functions are integrated into the Floating CFO package.
How does the collaboration with Moore enhance this service?
SavvY is a boutique consulting firm, and as part of our strategy, we limit the number of clients we work with to maintain high service quality.
Accurate accounting is fundamental to financial management. Trying to build sound financial strategies on top of flawed accounting is like constructing a skyscraper on a weak foundation—it’s destined to collapse.
Moore is our strategic partner. We've collaborated on numerous projects in the past and have a deep mutual trust in each other’s expertise, values, and quality of work. Through this partnership, the Floating CFO service is now accessible to even more businesses in need of robust financial management.
How should companies approach you if they’re interested in the Floating CFO service, and what terms do you offer?
Even though we tailor our terms based on each business model, companies of any size and from any sector may find this service valuable. We recommend that interested parties contact us directly via the phone number or email listed on SavvY’s website—or through any of our social media channels.
After an initial meeting with the company’s management, our team prepares a customized proposal.